Common use of No Preemptive Rights or Options Clause in Contracts

No Preemptive Rights or Options. Except as described in the Registration Statement, the Disclosure Package or the Prospectus, or as otherwise set forth in Article V of the Partnership Agreement, there are no preemptive rights or other rights to subscribe for or to purchase, nor any restriction upon the voting or transfer of, (A) any limited partner interests in the Partnership or the Operating Company, (B) any membership interests in the General Partner or OLP GP, or (C) any equity interests in any Xxxxxxxx Islands Subsidiary (except as provided in Section 78 of the Business Corporations Act of the Republic of The Xxxxxxxx Islands), in each case pursuant to the limited partnership agreement or limited liability company agreement or articles of incorporation or bylaws of such entity. To the knowledge of such counsel, or except as described in the Registration Statement, the Disclosure Package or the Prospectus, there are no outstanding options or warrants to purchase (A) any common units, Incentive Distribution Rights, Series A Preferred Units or other interests in the Partnership, (B) any partnership interests in the Operating Company, (C) any membership interests in the General Partner or OLP GP, or (D) any equity interests in any Xxxxxxxx Islands Subsidiary.

No Preemptive Rights or Options. Except as described in the Registration Statement, the Disclosure Package or the Prospectus, or as otherwise set forth in Article V of the Partnership Agreement, there are no preemptive rights or other rights to subscribe for or to purchase, nor any restriction upon the voting or transfer of, (A) any limited partner interests in the Partnership or the Operating Company, (B) any membership interests in the General Partner or OLP GP, or (C) any equity interests in any Xxxxxxxx Islands Subsidiary (except as provided in Section 78 of the Business Corporations Act of the Republic of The Xxxxxxxx Islands), in each case pursuant to the limited partnership agreement or limited liability company agreement or articles of incorporation or bylaws of such entity. To the knowledge of such counsel, or except as described in the Registration Statement, the Disclosure Package or the Prospectus, there are no outstanding options or warrants to purchase (A) any common unitsCommon Units, Incentive Distribution Rights, Series A Preferred Units, Series B Preferred Units or other interests in the Partnership, (B) any partnership interests in the Operating Company, (C) any membership interests in the General Partner or OLP GP, or (D) any equity interests in any Xxxxxxxx Islands Subsidiary.

No Preemptive Rights or Options. Except as described in the Registration Statement, the Disclosure Package or the Prospectus, or as otherwise set forth in Article V of the Partnership Agreement, there are no preemptive rights or other rights to subscribe for or to purchase, nor any restriction upon the voting or transfer of, (A) any limited partner interests in the Partnership or the Operating Company, (B) any membership interests in the General Partner or OLP GP, or (C) any equity interests in any Xxxxxxxx Islands Subsidiary (except as provided in Section 78 of the Business Corporations Act of the Republic of The Xxxxxxxx Islands), in each case pursuant to the limited partnership agreement or limited liability company agreement or articles of incorporation or bylaws of such entity. To the knowledge of such counsel, or except as described in the Registration Statement, the Disclosure Package or the Prospectus, there are no outstanding options or warrants to purchase (A) any common units, Incentive Distribution Rights, Series A Preferred Units Rights or other interests in the Partnership, (B) any partnership interests in the Operating Company, (C) any membership interests in the General Partner or OLP GP, or (D) any equity interests in any Xxxxxxxx Islands Subsidiary.

No Preemptive Rights or Options. Except as described in the Registration Statement, the Disclosure Package Prospectus or the any Permitted Free Writing Prospectus, or as otherwise set forth in Article V of the Partnership Agreement, there are no preemptive rights or other rights to subscribe for or to purchase, nor any restriction upon the voting or transfer of, (A) any limited partner interests in the Partnership or the Operating Company, (B) any membership interests in the General Partner or OLP GP, or (C) any equity interests in any Xxxxxxxx Islands Subsidiary (except as provided in Section 78 of the Business Corporations Act of the Republic of The Xxxxxxxx Islands), in each case pursuant to the limited partnership agreement or limited liability company agreement or articles of incorporation or bylaws of such entity. To the knowledge of such counsel, or except as described in the Registration Statement, the Disclosure Package Prospectus or the any Permitted Free Writing Prospectus, there are no outstanding options or warrants to purchase (A) any common units, Incentive Distribution Rights, Series A Preferred Units Rights or other interests in the Partnership, (B) any partnership interests in the Operating Company, (C) any membership interests in the General Partner or OLP GP, or (D) any equity interests in any Xxxxxxxx Islands Subsidiary.